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In Spring of 2005 I announced It's a Totally New Paradigm
At that time the chart looked like this.
In June I announced It's time to shift the arrow on the basis of Time Magazine going gaga over real estate.
In December I wrote that It's Too Late.
When you see stuff like this, not only is it too late, it's way too late.
I am pleased to announce that we have moved the arrow once again.
The current picture looks something like this.
Mike Shedlock / Mish